Social Media for All Things Crypto
Social media continues to impact the cryptosphere, to such an extent that we recently saw a tweet from Elon Musk causing both FOMO and FUD. As a result, people have been making investment decisions based on what’s trending. The way in which people use social media in the crypto space, has helped bring about mainstream awareness through platforms like Twitter, Telegram, and Reddit. A new social media platform specifically created for crypto enthusiasts, Crypter has come about to improve on many of the shortcomings of these platforms. Twitter is perhaps the most popular social media platform....
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Social media is a major component of the Internet and has already transformed how humans communicate and interact. Looking to take things to the next level, a few projects are trying to combine social media with the blockchain. Steemit. Blockchain-based social media platform Steemit has gained quite a following in the past few months. The project was....
I. The flaws of centralized social media platforms & the problems can be solved by their decentralized counterparts Today we use social media applications such as WeChat, Discord, Twitter, and Facebook to transcend spatial/temporal limits and communicate with others, thereby minimizing the time needed for communication or social interaction. However, such centralized social media platforms […]
President Donald Trump’s social media platform, Truth Social, is set to become the first social media company to introduce prediction markets, thanks to a new partnership with crypto exchange Crypto.com. Truth Social Introduces ‘Truth Predict’ According to a Tuesday press release, Truth Social users will have the opportunity to engage in prediction markets concerning a […]
Social media, a relatively old concept and way of connecting people have existed since 1997. Yes, over 2 decades old. It has continuously evolved so much that we cannot fully comprehend it any longer! And now there’s blockchain, again over a decade-old science, which has since taken off. We’d think that the only connection blockchain would have is with finance and technology. However, the reach that blockchain has is massive. That’s what The LoveChain took advantage of unleashing. A way to bridge the gap between regular old social media, to the decentralized future version of it, via....
Billionaire and real estate mogul, Frank McCourt has recently been working on a new blockchain venture titled Project Liberty. It’s ambitious goal, to bring together the power of the blockchain and merge it into a social media protocol. With a social media database like this, he believes no social media platform would be able to […]